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The results of the station last year fell by nearly 82% due to depreciation in the value of its TGV trains, and too many aging.

SNCF has reached last year a net income limit of 125 million euros, down 534 million compared to 2010, after spending 700 million euros impairments on the TGV.

The group's turnover amounted to 32.645 million euros, an increase of 7.2% compared to 2010, the SNCF said in a statement.

Railway operation, however slightly reduced the level of its debt, which stood at the end of December last 8,329,000 euros (-170 million).

Areva wants his new reactor Atmea serve as a reference as part of the agreement that the group has signed with EDF to build nuclear reactors of 1,000 megawatts (MW) third generation with China, said Friday an official from the public group.

A model that is not based on the Atmea, designed by Areva and Japan's Mitsubishi Heavy Industries, could compete with the new reactor for both partners.

"The fact that we have worked with MHI and that has made a major step in designing this new model is an asset Atmea a very important," said during a conference call Claude Jaouen, director of business services and reactors from Areva. 

"We consider it would be a shame to have two reactors of 1,000 MW on the market at the moment players can relatively easily get to agree on one alone," he added.

"Rather than having a competitor that is Atmea another reactor developed elsewhere, the aim is that both converge to a single term, as far as possible, and that the market is the same, that is to say whether a change in Atmea, "he said activity director reactors and services Areva. 

FAILURE OF NEGOTIATIONS IS NOT EXCLUDED

"I do not exclude concrete that can not be agreed at the end but anyway it's not the way in which Areva is committed and it is absolutely not the spirit in which we began these studies with EDF and (Chinese) CGNPC. "

The design of medium power reactors, for both China and other markets, addresses the need for nuclear power franç ; comfortable to broaden its range now reduced mainly to the high power EPR reactor. 

"The current definition of specifications (the new reactor) should be completed by summer 2012 and, in parallel, there will be the determination of different ferent agreements necessary before embarking on further steps, particularly on issues of intellectual property and industrial and commercial scheme, "said Claude Jaouen.

The Elysee Palace announced in February 2011 that the development of a medium capacity reactor proposed by EDF with the Chinese would CGNPC through a comprehensive partnership with Beijing, which all actors in the French nuclear industry would be involved. 

Areva and EDF, after signing an agreement in July technical and commercial marking the warming of relations between the two groups, finalized Wednesday a contract to supply uranium to the public electrician .

For the first time in six months, world food prices are starting to rebound, especially because of the weather. Wheat field Féchain (Nord-Pas de Calais)

Global food prices are starting to rebound in January for the first time in six months, mainly because of poor weather, said Thursday the United Nations Food and Agriculture Organization (FAO).

In January, the index established by the FAO has increased by 2% in December, but remains below the peak levels of early 2011. All food products are affected by this increase, oil first, followed closely by the sugar, cereals, dairy products and meat.  

"The bad weather currently affecting key producing regions such as South America and Europe played a role and remains a concern," said FAO economist Abdolreza Abbassian, said in the statement. However, "there is no single explanation (…) Different factors are at stake" for each product type, he warns.

However, the level of the dollar and oil prices, often involved in such increases do not seem to have played a major role in January. The price index for oils and fats increased by 3% in January, due to higher demand for palm oil and soy, combined with the seasonal decline in production of palm oil. The FAO price index of cereals was up 2.3%. All grains except rice, are concerned. Maize has the highest increase (+6%). Wheat also rose, but less significantly. These prices reflect primarily "Worries about the weather affecting crops in 2012 in the major producing areas," FAO said.

Fears of a decline in exports from the Commonwealth of Independent States (CIS) also played a role. The price index of sugar is 2.2% but remains 20% below its level in January 2011. The increase is mainly due to bad weather in Brazil's largest producer and exporter.

With regard to grain production, the FAO table for 2011 on a 3.6% increase compared to 2010, which would be a record. With 2.33 billion tons, the production should be "more than sufficient to cover" needs 2011-2012. The dairy products index rose 2.5% compared to December due to the rebound in prices for butter and cheese. The meat index rose slightly by 0.5%. The course of pork was up 2.8%, in anticipation of strong Chinese imports, and poultry were down 1%.

The European Commission said it wanted to preserve the stability of the euro area as a whole and said to disagree with the rumors point to a stability pact between the States the strongest. The President of the European Commission Jose Manuel Barroso (here at a press conference in Brussels April 13, 2011)

The European Commission on Monday rejected categorically any option that would lead to "break" the euro area into several groups, while news reports indicate possible projects in this direction in Germany and France. "The goal is to preserve the unity of the euro area," said a spokesperson for the Economic and Monetary Affairs, Amadeu Altafaj, during a press conference."If the ultimate goal is to safeguard the stability of the euro area, it is clear that fragmentation does not serve this purpose, any proposal must be based on preserving the unity of the euro area," Has he added.

The German press reported over the weekend of a proposed stability pact reinforced for only a few countries of the monetary union and an option to create Eurobonds limited to only those countries benefiting from the best rating (Triple A). The latter project was denied Monday by the German government. The spokesman also assured the Commission preferred the "Community method", which places the center of decision-making institutions representing the European Union as a whole, as the Commission or Parliament, not a group of States .

"Order intake for the third quarter of 2011 remained strong in an uncertain economic environment."

TF1, a subsidiary of Bouygues to 43%, but was lowered Thursday its forecast revenue for 2011 after the sharp deterioration in advertising revenue of its flagship channel in the third quarter, amid difficult market conditions.

"It's a bit early to talk about 2012, we are not advanced enough in the end of the year," he said during a teleconference Philippe Marien, Chief Financial Officer of Bouygues.

In particular, Allianz gained 5.6% after posting a quarterly operating results better than expected and have claimed to be able to face difficult market conditions.

Earlier this afternoon, the Italian Senate approved the law of financial stability, a set of austerity measures demanded by the European Union to help the country cope with the debt crisis. Council President Silvio Berlusconi has promised to resign and make way for an emergency government once the text approved by the lower house of parliament, which is scheduled Saturday.

"The Italian rates were down significantly today.

A report by the Court of Auditors highlights communication costs without justification and without competition, often to the benefit of society Giacometti-Péron. Prime Minister Francois Fillon held a press conference at Matignon on a new austerity plan August 24, 2011

The Court of Auditors report a pin in communication costs the government (surveys, coaching), engaged in conditions "questionable" on topics far removed from some public action, and often to the benefit of society Giacometti-Péron. Pierre Giacometti, adviser to President Nicolas Sarkozy, is one of the leaders of this consultancy and strategy.Funding "survey on personal image of Ministers or distant subjects of government action is debatable," she adds.

As in 2008, with the study commissioned from the Institute Médiascopie on the "level of support generated by the remarks made by the Department of Defense" (Hervé Morin at the time), but also that "others "during the show" Make up your mind "of September 11, 2008. Or studies requested by the Department of Justice "about how media coverage of Rachida Dati," the Chancellery from 2007 to 2009, or on the image of the former Minister of Ecology Jean-Louis Borloo.

Expenditures "questionable"

"In general, the relationships between government and external service providers are not always consistent with the rules of public procurement," say the judges.

The NYSE has closed lower Tuesday due to disappointing company results and tried not bode well for the health of the U.S. economy, while the uncertainty surrounding the euro zone has amplified the trend.

The Dow Jones finished down 1.74% or 207.00 points to 11,706.62, while the S & P 500 ended on a down 2.0%, or 25.14 points, to 1229.05.

The Nasdaq composite, for his part yielded 2.26% (61.02 points) to 2,638.42.

The meeting of finance ministers from the euro area scheduled for Wednesday was canceled, but the leaders of the European Union still plan to meet the same day summit, as expected.

"Everyone thought that with the meeting and the summit, the European problem was more or less settled, but the announcement of the cancellation has created a very negative feeling about the chances of a resolution in the short term," commented Steven Neimeth of SunAmerica Asset Management.

On the corporate side, the diverse group was disappointed by 3M reported results below expectations in the third quarter and lowering its forecast throughout the year.

The title sold 6.25% to 77.04 dollars.

The UPS Logistics Group has meanwhile declined by 2.14% to 69.35 dollars after the Director General indicated that predict the U.S. economy continue to grow slowly.UPS, however, reported an increase in profits.

Netflix suffered a spectacular fall from 34.9% to 77.37 dollars after announcing a loss of subscribers higher than expected.

U.S. stocks ended sharply higher Friday as investors welcoming the results exceeded expectations of big names from the coast and anticipating a positive outcome to the crisis of debt in the euro area.

The Dow Jones gained 2.31% or 267.01 points to 11,808.79 points. The Standard & Poor's has been 1.88% or 22.86 points to 1238.25 points.The Nasdaq Composite was awarded 1.49% or 38.84 points to 2637.46 points.

For the week, the Dow rose 1.3%, the S & P 1.1% but the Nasdaq fell 1.1%.

Obstacles remain on the path to solving the crisis in the euro area and major differences still separate France and Germany, but investors appreciate that the leaders of the euro area are set a deadline to Wednesday.

A meeting between Nicolas Sarkozy, Angela Merkel, José Manuel Barroso and Herman van Rompuy will be held Saturday night in Brussels on the eve of the summit of the EU and the euro area on the debt crisis. This meeting will be preceded by a bilateral meeting between French President and German Chancellor.In addition, the principle of a new special meeting of the Eurogroup summit by the euro area on Wednesday, is also acquired.

In addition, the finance ministers of the euro area approved Friday the release of the sixth tranche of aid to Greece. This round of eight billion euros must now be approved by the International Monetary Fund.

This is the third week of up to the S & P, the most since February. The benchmark index fund managers will have to get out of the range 1230 and 1250 in which it tends to evolve.

On the values ​​front, McDonald's reported a better than expected for the third quarter. The value ended with a gain of 3.7% to 92.32 dollars.The index values ​​of consumption has advanced 2.8%.

Honeywell International jumped 5.8% to 51.28 dollars. The industrial group has raised its profit forecast after better than expected quarterly accounts.

General Electric has instead yielded 1.9% to 16.31 dollars. Investors are questioning the lower margin of the power equipment sector industrial conglomerate, in spite of the consolidated results as expected.

The S & P industrials, which includes GE and Honeywell, ended with a gain of 1.9%.

According to data from Thomson Reuters, the 133 companies in the S & P 500 that have released their quarterly accounts on Friday, showed 68% of profits above expectations.

French deputies adopted Monday by 49 votes to 25 against the bill authorizing the state to provide guarantees to the restructuring of the Franco-Belgian bank Dexia to facilitate its dismantling.

The UMP, which holds an absolute majority in the Assembly, and the group of the New Centre (NC) voted this draft supplementary budget ("collective") for 2011, reviewed by expedited review in the Senate turn Wednesday night.

The leftist opposition voted against. "We vote against it because what we present is completely blurred. The minister did not believe," said Christian Eckert (PS).

The left is now a majority in the upper house, the text may be released Wednesday.It will then be made a new reading in the Assembly who constitutionally has the final say.

"The adoption of this supplementary budget is an issue of responsibility. Dexia's customers like the creditors must have confidence that states have kept their word.Our communities in turn can rely on this feature to continue to invest for the benefit of the economy, "said Baroin, the Minister of Economy.

This restructuring plan, arrested Oct. 10 by the board of directors of the group and approved by the Belgian, French and Luxembourg, Dexia provides for the dismantling.

The bank, founded in 1996 with the merger of Crédit local de France and Crédit Communal de Belgique, had already received a bailout in 2008.

The decommissioning plan provides that Dexia France, Belgium and Luxembourg will provide 90 billion euros in guarantees for its financing needs with 60.5% for Belgium, 36.5% for France and 3% Luxembourg.

The new supplementary budget offers a double guarantee.First, the funding will enable Dexia to borrow on the markets with the guarantee of France, Belgium and Luxembourg, the maximum total outstanding amount of 90 billion euros for a period of ten years maximum.

The second guarantee, up to 10 billion euros, is for a fraction of the portfolio of loans to local authorities of Dexia that the new structure controlled by the Deposit (CDSC) and the Post Bank will acquire.

The Belgian part of the rescue of Dexia was temporarily authorized Monday by the European Commission, however, that announces the opening of an investigation to ensure that the operation does not violate the rules on state aid and application Belgium to submit within six months a new restructuring plan of the bank.